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Alchen [17]
4 years ago
8

Ethics is so important in financial accounting and reporting that the government has passed a law regulating ethical actions of

businesses related to their financial reporting practices. why is ethics in financial reporting so important for the country's economy?
Business
1 answer:
devlian [24]4 years ago
7 0
<span>Ethics is incredibly important when it comes to financial reporting and accounting, so important that the government saw fit to pass a law that regulates the actions of businesses and how ethical they are when it comes to how they report. The reason that ethics is so very important when it comes to the economy of the country is because if there is a reason to believe that companies are using unethical practices in reporting, it allows investors and creditors to back away and not offer any more financial backing.</span>
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Which of the following is an example of structural control? a.Monitoring the administrative ratio to make sure staff expenses do
nirvana33 [79]

Answer: (A) Monitoring the administrative ratio to make sure staff expenses do not become excessive

Explanation:

 The structural control is one of the concept that helps in monitoring the main building block in an organizational structure and managing all the functions such as design of an organization, performance, goals and the requirement within an organizational structure.

According to the question, the structural control is one of the process of monitoring the main administrative ratio so that the staff expenses are not becoming more excessive and serving only on the basis of important purpose and requirement.  

 Therefore, Option (A) is correct answer.    

6 0
3 years ago
The ______________ perspective assumes that the external environment is constantly changing, whether due to competition or custo
Akimi4 [234]

Answer:

The contingency perspective assumes that the external environment is constantly changing, whether due to competition or customer preferences, while the evidence based management seeks to find ‘best practices’ with data-driven evidence to support solutions.

a. contingency perspective

b. Evidence based management

Explanation:

Management can be defined as the act of planning, directing and controlling people and resource to achieve set organizational goals. There are different perspectives of management. Some of the examples of management perspectives are; contingency perspective and evidence based management. They are further explained below;

a. Contingency perspective

The contingency perspective is a management theory that seeks to provide management solutions to the problems by examining the context of the problems. It involves assessing the external environment that coming up with a management solution that fits the problem. The external environment can be defined as anything outside the organization or the business that can affect the management of that organization or business. They include factors like; competition and customer preferences. Since the external environment is always changing, new and more efficient management techniques also need to be adopted as opposed to having one rigid management perspective. The contingency perspective has the advantage of learning from situations and utilizing the solutions that worked on similar problems in the future.

b. Evidence based management

Evidence management should be on the basis of critical thinking and the best method available considering accessible evidence. The evidence has to be factual data that can be used to formulate a hypothesis. Evidence always involves scientific research or something that is gained through experience that can be used to validate a claim. In the business world, most managers don't rely heavily on the evidence, rather they make their decisions based on evidence and best practices that have worked for other managers in the same situation. Evidence based management seeks to find ‘best practices’ with data-driven evidence to support solutions.

4 0
3 years ago
What economic indicators do geographers use to evaluate country's development ?
AleksandrR [38]
The <span>economic indicators do geographers use to evaluate country's development  is because they can </span>check their economy, technology, and health of the country. Thank you for posting your business question here at brainly. I hope the answer will help you. 
3 0
3 years ago
Short-term notes payable: Multiple Choice Cannot replace an account payable. Can be issued in return for money borrowed from a b
dybincka [34]

Answer:

Can be issued in return for money borrowed from a bank.

Explanation:

The short term note payable is a note payable that can be issued against the borrowed amount. Since it is short term so its duration is within one year and it is an amount of loan in which the person has to pay within the specified time period along with the interest charges. It is shown in the liabilities side of the balance sheet

Hence, the second option is correct

7 0
3 years ago
Dino Co. is a new education consulting firm that just paid its annual dividend of $1.00 yesterday. Analyst believe that due to a
tensa zangetsu [6.8K]

Answer:

Explanation:

1)

dividend at (t = 1) given = 3.5

dividend at (t = 2) = 3.5 *(1 - 0.3) = 2.45

dividend at (t = 3) = 2.45*(1 - 0.3) = $1.715

so dollar amount of dividend at (t = 3) = $1.715

2)

value of the stock = present value of future dividends discounted at cost of capital(20%)

continuous value = dividend at (t = 3)[1+ growth] / K - g

= 1.715(1+3%) / 0.2 - 0.03

= 10.39

share price = 3.5 / (1.2) + 2.45 / (1.2)^2 + 1.715 / (1.2)^3 + 10.39 / (1.2)^3

= $11.62

3)

worth of the share as per calculation is $11.62 only. $11.75 is over priced so it is not recommended to buy

in case of 10% cost of capital

continuous value = dividend at (t = 3)[1+ growth] / K - g

= 1.715(1+3%) / 0.1 - 0.03

= 25.235

share price = 3.5 / (1.1) + 2.45 / (1.1)^2 + 1.715 / (1.1)^3 + 25.235 / (1.1)^3

= $25.45

since offer price of $11.75 is less than calculated value, we can buy the share.

4 0
3 years ago
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